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340B Rebate ProgramRebate forms may be emailed to: 340Bprogram@themedco.com 340B Rebate Form 340B Rebate Worksheet Dear Customer: Covered entities may only purchase product under the 340B program for “patients” of the covered entity.1 Under 340B program guidance, an individual is considered a “patient” of the covered entity if the following conditions are met:
Some patients may have been treated with our products during a “23 hour admission” or an “observation stay”. It is our position that such patients are considered outpatients for 340B program purposes (subject to the other requirements listed above) when the admission meets the applicable payor requirements to be covered as an outpatient stay.3 In order to evaluate and process your refund request, we ask that you submit the following information on the attached form:
As the 340B ceiling price is a quarterly price, we will evaluate your request and determine the appropriate credit amount based on the quarter in which the sales were made. Approved credits amounts will be the purchase price less the 340B ceiling price as calculated for the applicable quarter. MDCO maintains the right under the federal statute to audit covered entities when there is reasonable cause to believe refunds are being requested for individuals who are not considered “patients” of the covered entity under applicable program guidance. Approved credits are expected to be processed by the 340B Prime Vendor Program and will be applied towards your 340B pharmacy account with your authorized wholesaler. These credits can be utilized against future 340B purchases. MDCO will inform you of the approved credit amount in a separate communication. Please include with your submission the attached statement, signed by an authorized representative of your organization. All requests for 340B partial refunds must be submitted by e-mailing to 340Bprogram@themedco.com or mailing to the following address by August 31, 2010:
Please contact Nancy Navin at nancy.navin@themedco.com or (973) 290-6056 if you have further questions. Thank you for your interest in Angiomax® and Cleviprex®, and we look forward to working with the U.S. Department of Health and Human Services, Health Resources and Services Administration, Office of Pharmacy Affairs and the 340B community on this important program. Regards,
Brent Furse ________________________
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